Pakistan Stock Exchange (PSX) on Monday witnessed a bullish trend as the benchmark KSE-100 Index gained 1067.80 points to 118,383.38 against 117,315.58 points on the previous session.
The market opened in the green in the morning and at one stage reached 118,827.47 points, the session’s highest point, but later due to some selling pressure it dropped some points to close at 118,383.38.
A total of 366,618,442 shares were traded during the day as compared to 425,121,963 shares the previous trading day, whereas the price of shares stood at Rs26.519 billion against Rs34.495 billion on the last trading day.
As many as 449 companies transacted their shares in the stock market, 251 of them recorded gains and 157 sustained losses, whereas the share price of 41 companies remained unchanged.
On the other hand, gold prices further surged in Pakistan to reach a record high in the local market, while the prices also hiked in the international market.
The rupee on Monday registered a slight gain against the US dollar in the interbank market.
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